303 NANAIMO Avenue, Penticton , V2A1N8
Listing ID: 10303526
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$699,000
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Listed: 3 months ago
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Property Description

Opportunity knocking! RM3 zoning. Bare land corner lot, house has been removed, building site ready to go. Corner lot is approx 55 feet frontage on Nanaimo Avenue plus 125 feet frontage on Brunswick Street, with lane access off Brunswick. Pancake flat lot on two quiet, no through roads, just a short walk to Lake Okanagan, Farmers' Market, all of downtown, several brew pubs, and walkable to South Okanagan Events Centre. Hospital is only a 5 minute drive away. All services and utilities are available at this downtown location. Development Variance Permit is in place, with side yard relaxations, valid until August 2024. Plans included for 4 three level townhomes with rooftop decks. It may be possible to add some lower suites if city relaxes further, the issue would mostly be parking. The city and the province want densification on new builds, our new reality in a housing crunch. This is a primo site in the heart of the action. Package available. (id:26452)

Other located at 303 NANAIMO Avenue. 303 NANAIMO Avenue is in the Main North neighborhood. PE Columbia/Duncan , PE Wiltse/Valleyview , and Penticton are nearby neighbourhoods.
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Listed by: ROYAL LEPAGE LOCATIONS WEST

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20% down payment
$2,449
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50% down payment
$1,531
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Estimated mortgage based on 2.7% on a 30 year amortization based on some lenders

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GEOFF COWLING
(250) 490-7272

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GEOFF COWLING
(250) 490-7272
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